Switzerland Financial News

10.03 / 18:03

Ethereum ETH Kucoin regulation New York Attorney General Alleges Ethereum Tokens are Securities in Lawsuit Against KuCoin Crypto Exchange – Crypto Clampdown Incoming?

New York Attorney General Letitia James referred to Ethereum’s native ETH token and other cryptocurrencies as “securities and commodities” in a statement issued in relation to her lawsuit against crypto exchange KuCoin.

10.03 / 12:55

markets cryptocurrency Bloomberg Opinion inflation Time Crypto bros turn back time on their Rolexes, Patek Philippes

Inflation? What inflation? It’s gotten so much cheaper to get your hands on a Rolex.

09.03 / 16:11

UPS Provident Platform SVB Financial Stocks making the biggest premarket moves: Silvergate, Etsy, SVB Financial, Uber and more

In this article

09.03 / 10:23

COST SEC Annual results Credit Suisse to ‘briefly delay’ annual results after late SEC call over cash-flow statements

Credit Suisse said on 9 March that it will delay the publication of its 2022 report after a late call from US market regulators over 2019 and 2020 cash-flow statements, adding a further headache as the lender attempts to woo back clients amid a costly turnaround effort.

09.03 / 09:57

Central banks going crypto. Is it a good idea?

Gillian Tett On the third floor of the dark cylindrical tower that is home to the Bank for International Settlements, I was faced with a sight that made me blink in surprise: white walls. This may not sound very startling, so let me explain.

09.03 / 09:25

SEC Credit Suisse to delay its 2022 annual report after a 'late call' from the SEC

Credit Suisse on Thursday announced that it will delay the publication of its 2022 annual report after a late call from the U.S. Securities and Exchange Commission on Wednesday night.

08.03 / 23:35

markets Blockchain Europe Tokens European Union Is security tokenization the 'Amazon-moment' for blockchain technology?

Blockchain technology is like a Swiss Army knife that can provide different solutions depending on the problem. Over the past decade, the use cases for blockchain technology have grown from money and payments to decentralized exchanges and nonfungible tokens. Right now, it looks like the next major blockchain use case will be tokenized stocks.

07.03 / 13:15

TerraUSD Terra Luna Terra fugitive Singapore Police Launch Investigation into Crypto Fugitive Do Kwon and Terraform Labs – Where is He?

Singapore authorities have launched a probe into Do Kwon's Terraform Labs, the entity that developed the now-collapsed TerraUSD stablecoin.

06.03 / 12:17

Dogecoin Ethereum ETH BTC Binance litecoin Bitcoin week Bitcoin Price and Ethereum Prediction: What's Ahead in the Coming Week?

Bitcoin (BTC) and Ethereum (ETH) continue to suffer losses, with both cryptocurrencies displaying bearish signals at the start of the new week. The broader cryptocurrency market is also struggling, with Bitcoin and ETH each experiencing declines of over 6% in the past few days.

06.03 / 10:35

Strategy stake Credit Suisse stake ditched by former top shareholder Harris Associates

David Herro, whose investment firm Harris Associates was previously Credit Suisse's biggest shareholder, is ditching his entire stake in the Swiss lender as it battles to convince investors and clients that its turnaround strategy will work.

06.03 / 09:49

UPS Action Pool UBS UBS cuts bonuses for key bankers by 21% to $1.2m

UBS paid 700 of its top bankers bonuses of $1.2m, a reduction of 21% as firms have taken the axe to compensation after dealmaking fees slumped.

05.03 / 09:09

Adoption Ripple XRP regulation SEC Bloomberg The crypto industry has 'already started' moving outside of the US, says Ripple CEO

The United States Securities and Exchange Commission (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to regulate an industry, and may result in the U.S being a less attractive place for crypto innovation, suggests Ripple’s CEO.

04.03 / 20:23

Fighting Academic Fight Erupts Over Measuring the West’s Pressure on Russian Economy

One way to judge the impact of Western economic pressure on Russia is by how many Western companies stop doing business there.

03.03 / 15:29

Fighting Academic Fight Erupts Over Measuring the West’s Pressure on Russian Economy

One way to judge the impact of Western economic pressure on Russia is by how many Western companies stop doing business there.

03.03 / 14:45

Blockchain regulation coinbase Gemini Paxos Asset management Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

The popular fintech bank Silvergate Bank lost five crypto partners on March 2, owing to a slew of investigations and lawsuits against it.

03.03 / 13:23

Law Adoption regulation DAO Lawyer services UAE free zone to explore Bitcoin payments for services, lawyer says

Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.

02.03 / 19:19

Blockchain Lowe's Platform Interface Intuit seed funding DX25 Raises $750K Seed Funding For Advanced MultiversX-Based DEX

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

02.03 / 15:55

UPS recovery Credit Suisse recovery weighed down by billions in legal bills

Credit Suisse's multibillion-dollar legal bills are posing another threat to its planned recovery.

28.02 / 11:51

Swiss Credit Suisse ‘seriously breached’ Greensill obligations, Swiss regulator finds

Credit Suisse committed a “serious breach of Swiss supervisory law”, according to the country's financial regulator, as it concludes a two-year probe into the bank's relationship with fallen financier Lex Greensill.

28.02 / 10:47

Lowe's Maxim CEO Action Swiss Credit Suisse 'seriously breached' obligations in Greensill case, Swiss regulator says

Credit Suisse «seriously breached its supervisory obligations» in the context of its business relationship with financier Lex Greensill and his companies, Swiss regulator FINMA concluded Tuesday.

25.02 / 18:57

cryptocurrency economy G20 RBI G20: Some members said crypto ban should be considered, says RBI Governor Das

Some members of the G20 said during this week's discussions that a complete ban on crypto should be considered, Reserve Bank of India (RBI) Governor Shaktikanta Das said.

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